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December 2021

Google Sues to Shutter Cryptojacking Botnet That Infected 1M+ Computers

Google Sues to Shutter Cryptojacking Botnet That Infected 1M+ Computers

The botnet used the Bitcoin blockchain to evade cybersecurity officials and remain online, Google alleged. Google on Tuesday moved to shut down a sophisticated cryptojacking botnet that used the Bitcoin blockchain to evade cybersecurity officials. Known as “Glupteba,” the botnet has infected more than 1 million machines worldwide, Google said in a civil complaint filed Tuesday […]

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COLOMBIA’S BIGGEST BANK TO OFFER BITCOIN TRADING

COLOMBIA’S BIGGEST BANK TO OFFER BITCOIN TRADING

Bancolombia will soon offer its customers the ability to buy and sell bitcoin through a partnership with Gemini. Cryptocurrency exchange Gemini will soon offer frictionless bitcoin trading in Colombia for customers of the country’s biggest bank, Bancolombia, the company said in a statement Monday. However, it is unclear whether users will be able to withdraw

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Binance Smart Chain and Animoca Brands form 0M fund for GameFi projects

Binance Smart Chain and Animoca Brands form $200M fund for GameFi projects

BSC-based projects will get a chance to gain insight from Animoca Brands and assistance from the BSC community. Binance Smart Chain (BSC) and Animoca Brands are launching a $200-million investment program to incubate early cryptocurrency-focused gaming projects building on BSC. BSC and Animonica announced on Monday that they are co-investing up to $100 million each

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FTX Shares 10-Point Regulatory Proposals to American Congress

FTX Shares 10-Point Regulatory Proposals to American Congress

One of the world’s biggest cryptocurrency trading platforms, FTX Derivatives Exchange, has published a 10-point regulatory proposal aimed at helping American regulators to provide better regulatory oversight of the broader cryptocurrency ecosystem. Contained in a Blog post dubbed “FTX’s Key Principles for Market Regulation,” the trading platform recommended that all aspects of the market, either spot or

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Bug in Solana Token Lending Contract Fixed, More Than  Billion Made Exploitable

Bug in Solana Token Lending Contract Fixed, More Than $2 Billion Made Exploitable

A bug in the token lending contract of the Solana Program Library (SPL) was recently found and fixed by Neodyme, a security auditing firm. The bug, that was discovered a couple of months back, could have affected several decentralized finance protocols holding more than $2 billion in total value locked (TVL). Their team identified the

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Virtual land in the metaverse dominated NFT sales over past week

Virtual land in the metaverse dominated NFT sales over past week

Based on NFT and metaverse sales over the past week, the demand for digital land outpaced all other items, art and collections. Digital land is in high demand in what is already a highly lucrative market as the past week’s nonfungible token (NFT) and Metaverse sales figures revealed. Data from industry metrics platform NonFungible.com indicates that

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CME Group Introduces Micro Ether Futures

CME Group Introduces Micro Ether Futures

Similar to the micro bitcoin futures launched in May, micro ether futures are 1/10 of one ETH. The Chicago Mercantile Exchange (CME) Group, the largest U.S. derivatives exchange, has introduced micro ether (ETH) futures, its second micro-crypto product of 2021. Similar to the micro bitcoin futures launched in May, micro ether futures are 1/10 of

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BITWAGE PROCESSES WORLD’S FIRST BITCOIN PAYROLL ON LIGHTNING

BITWAGE PROCESSES WORLD’S FIRST BITCOIN PAYROLL ON LIGHTNING

The bitcoin payroll company teamed up with Voltage and ACINQ to process the world’s first Lightning payroll. Bitwage has processed the world’s first Lightning payroll. The company processed a salary payment entirely on the Lightning Network, Bitcoin’s layer 2 scaling solution for fast and cheap bitcoin payments. “Bitcoin’s Lightning Network promises the ability to enable global,

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